Posts Covering Foreclosures
December 17, 2013
Foreclosures sell for an average discount of 17%, but foreclosed homes are getting harder to find. Here's where to look, and how to get the best mortgage deals.
September 16, 2013
Foreclosure activity dropped to an 8-year low in August. Where can first-time buyers and investors find "great deals" in foreclosures?
July 15, 2013
Foreclosure activity is down sharply in key U.S. cities including San Francisco, Detroit and Phoenix. The housing market's recovery continues. How today's home buyers can benefit.
June 15, 2013
Foreclosed homes are selling at an average 20% discount. Here are the 10 states in which you'll find the most foreclosures.
February 20, 2013
As the economy improves, fewer homeowners go delinquent. This will soon reduce the number of foreclosures for sale nationwide.
February 15, 2013
Florida has overtaken California as the #1 foreclosure state in the nation, plus other foreclosure-related statistics from January 2013.
January 26, 2013
Foreclosures are selling at a 17% discount, and very few remain nationwide. Here's in what states to find the most foreclosed homes.
December 21, 2012
Foreclosures and foreclosed homes now sell at an average 20% discount. Here are the states in which to find them.
December 13, 2012
Homes sold in pre-foreclosure and foreclosure sell at steep discount. Here are the states in which foreclosure discounts are biggest.
November 22, 2012
Foreclosure activity slips nationwide, creating a scarce market. And, with homes selling for 20% off, demand for forecloses remains high.
October 18, 2012
Foreclosure volume sinks to a 5-year low, returning to pre-recession levels. For today's home buyer, it means fewer foreclosure opportunities in 2013.
August 10, 2012
Banks are refilling the national foreclosure pipeline. If you plan to buy a foreclosed home, here's what you should know.
July 21, 2012
Foreclosures sold at an average 18% discount as compared to non-distressed homes last month.
July 2, 2012
Were you wrongly foreclosed upon? As part of a settlement between banks and the government, you may have a settlement coming your way.
May 30, 2012
Foreclosure activity is falling nationwide, and bank-owned REO is down. From California to Virginia, it's getting harder to find bank-owned homes.
April 19, 2012
After more than 5 years, Nevada is no longer the top state for foreclosures. Guess who's the new number one. (HINT: It's NOT California).
January 18, 2012
Buying a foreclosure? Get a move on. Foreclosure activity fell to a 49-month low last month, and figures to be even lower through 2012. See where foreclosures are occurring, and where they're not.
December 15, 2011
The number of foreclosed homes for sale is dwindling, yet buyer demand for them surges. Remember that highly-publicized, 25% discount for buying a bank-owned home? It's about to go away. If you're looking at foreclosures, here's where to find them.
October 18, 2011
With each passing month, there are fewer and fewer foreclosures nationwide. Foreclosures are down on a year-to-year basis for the 12th straight month.
September 15, 2011
Default notices made their biggest one-month jump since August 2007 last month, on the way to a 9-month high. This may foreshadow a large number of bank repossessions in the months ahead.
August 26, 2011
In some states, more than half of home sales are for homes in foreclosure. Where does your state rank?
August 12, 2011
Foreclosure filings nationwide fell 35 percent in July 2011, a statistic that hints at the ongoing housing recovery. So, with less REO, where will you find the best "deals"?
July 14, 2011
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.
May 13, 2011
National Association of REALTORS® says foreclosures sell at a steep, 20 percent discount relative to non-distressed homes. There's bargains to be had -- you just need to know where to find them.
April 18, 2011
If you're shopping for bank-owned homes, supplies may be limited. Foreclosure filings are down 35% since last year. That's a big number. See how your state stacks up.
February 11, 2011
There's good foreclosure buys out there, but it's getting harder to find them as bank REO slips. The trick is to search the databases that the other buyers aren't.
January 24, 2011
If you're in the market for "a good deal" -- as an investor, first-timer, or move-up buyer -- here's a guide for where to find foreclosures. Hey -- they're 15% off.
December 23, 2010
For the first time since February 2009, the monthly foreclosure filings retreated below 300,000. The pace of foreclosures is slowing nationwide. Or is it?
October 19, 2010
The average sale price on a home in some stage of foreclosure was 26 percent lower last month than homes *not* in some stage of foreclosure.
September 20, 2010
NAR says home buyers get a "distressed home discount" of roughly 15 percent. Banks are working to reduce that number.
2015 Conforming & FHA Loan Limits
Mortgage loan limits for every U.S. county,
as published by Fannie Mae & Freddie Mac, and the FHA.